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Search Results 0 to 29 of about 30 (some duplicates have been removed)
call today or visit your local walgreens. >>> welcome back to "the ed show." president obama has put house speaker john boehner and republicans in a box on fiscal cliff negotiations. and the evidence is mounting. president obama stayed on offense today, visiting the santana family in northern virginia whose taxes will go up more than $4,000 in 2013 if middle class tax cuts aren't extended. >> i'm encouraged to see that there's been some discussion on the part of republicans acknowledging the need for additional revenue. as i've indicated, the only way to get the kind of revenue for a balanced deficit reduction plan is to make sure that we're also modestly increasing rates for people who can afford it. folks like me. just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. >> the concerted effort from the white house is very clear. here's white house press secretary jay carney. >> what will produce a deal is an acknowledgement by republicans, republican leaders, that rates on the top 2%, the wealthiest americans, hav
go over the so-called fiscal live, and even after president obama and speaker boehner met for the first time in over a month we still appear to be no closer to a deal. but over the weekend, for the first time both sides did seem to be softening the edges of their ideological swords. today in detroit the president continued his campaign-style push for congress to pass tax breaks for those below $250,000 and allow tax breaks for the wealthy to expire. >> a lot of people are putting forth a theory, and i actually think it has merit where you go and give the president the 2% increase that he's talking about, the rate increase on the top 2%. so there is a growing body. i actually am beginning to believe that is the best route for to us to take. >> in my view we all agree that we're not going to raise taxes on people who make less than $250,000. we should just take them out of the discussion right now. >> i think if it got to the floor it would carry. >> eliot: as the republicans begin to come around on the tax rates democrats have become open to limited entitlement reform. ther
today. he'll be back tomorrow. president obama and speaker boehner are not commenting about their meeting yesterday, but me members of the parties are continuing the public debate about taxes, spending and the fiscal cliff. republicans want a melt on xwiemtment and tax reform from the president. democrats insist this will not happen until the gop agrees on a tax hike. senator dick durbin saying no deal on the debt without a tax hike of the wealthy. >> i can't tell you, i don't want to do it, the president doesn't want to do it, but we need to solve the problem been we cannot allow the reckless position to drive this economy into another recession. >> some suggesting that it might be better to cave to the president now on taxes and keep up the fight on spending. >> if we were to pass, for instance, raising the top two rate and that's it, all of a sudden we do have the leverage of the debt ceiling and we haven't given that up. >> meantime, one influential voice says enough is enough. >> that's like betting your country. there's something terribly bizarre and juvenile about tha
obama and speaker boehner spoke on the phone yesterday for the first time in days. both men agreed not to publicly characterize how the conversation went. but the stalemate in negotiations entered new territory yesterday with treasury secretary tim geithner suggesting the white house is ready to go off the cliff if republicans refuse to raise taxes on the 2%. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest americans -- remember, it's only 2%. the size of the problem in some sense is so large, it can't be solved without rates going up as part of that. again, i think there's broad recognition of that reality now. >> one fallback option republicans are reportedly considering is to accept tax cuts for the middle class, allow rates to go up for the wealthiest, and then start the fight over again during debt limit talks early next year. yesterday at a business roundtable of ceos, president obama took a
of the president's visit. melissa: peter barnes, thank you so much. president obama and speaker john boehner are talking, signs of progress or more of the same? it worked in the white house, we're pleased to be joined by some economic writer for the "wall street journal." let's start with these comments from a republican from tennessee known to be reasonable suggesting increase the tax rates on the wealthiest 2% to move on and talk about entitlements getting a little it is realistic to see the deal that might alternately happen? >> hi, lori and melissa. do you think you wil you'll havw december 31? i think this thing will stretch out maybe a few hours before plunging off a cliff. lori: anybody who thinks it will be an easy newsday is mistaken. >> you and i talked about it a week or two ago the thing that is amazing is they are not getting closer, they're getting further apart. melissa: at me sitting there for their part? >> i think he is emboldened by the election returns obviously and emboldened by the polls showing public and higher tax rates on the rich that he has become much less willin
corporate tax rates and that is something that speaker boehner and president obama are fairly symbiotic gone. the point being they're really trying to set the stage to get ready to move right away and just trying to push forward tax reform which does not happen very often. it would be a once in a generation thing to actually open up the tax code and really revise it. host: last time they did that was 1986. is this the opening act for the main performance over taxes? guest: a lot of people. but like that and you already see the conversation that are already happening by the chairman of the committee that would be running battery right. host: fred from gramercy, louisiana. good morning. go ahead. caller: i have had a job since i was roughly 14 or 15 years old. i paid social security and i paid in to medicare. i don't understand why they don't leave these programs alone. when a person passes away, if the family qualifies, they get death benefits of $255. if they want to keep what their parents or grandparents had come and they have to pay inheritance tax. i don't understand why they don't leave
and in his first post-election interview president obama again rejected the house republican counteroffer that is on the table. >> unfortunately the speaker's proposal right now is still out of balance. we're going to have to see the rates on the top 2% go up and we're not going to be able to get a deal without it. >> let's hope he sticks to it. >> g.o.p. leaders aren't only dealing with the president and congressional democrats they're dealing with a split within their own ranks. more conservative republicans don't want party leaders to compromise anymore than they think they already have. even though the republican plan offers up $800 billion in new taxes without upping tax rates at all tea party leaders say higher taxes shouldn't be in any form because it is not what republicans stand for. south carolina senator jim demint went so far as to call on supporters of his senate conservative fund to call senate republicans and ask them to oppose what he's calling the boehner tax hike. the looming question for re
's what we know right now. we have just 20 days left for the obama administration and house speaker boehner's office to reach a deal on the fiscal cliff. while talks continue privately between both, no public details of progression toward the compromise have been released. in the last hour, our guest, tony fratto who is the former press secretary and jerry bernstein agreed that we would likely get some sort of a deal, just perhaps not in a form that was widely expected. joining us right now is the first of many lawmakers we'll be speaking with today, texas congressman jeb hensarling who is also the incoming chairman of the house financial services committee. and mr. chairman, first of all, congratulations. >> thank you. good morning. >> good morning. thanks for being with us today. >> happy to do it. >> we hear all of this talk, we hear all the talk that's been leading up to this point. we know it's gone a little quieter at this point. maybe that's a good thing. i also know you've been pretty firm about this. you've said that elections do have consequences. the president is getting
the country needs. today we heard president obama's response to the proposal that house speaker john boehner put on the table yesterday. >> the speaker's proposal right now is still out of balance. >> of out of balance. kind of similar to what republicans said last week when the president sent over his terms. so now what? will they sit down and talk it through? well, not according to at least one senior republican aide who told cnn today, no conversations today, no e-mails, tweets, carrier pigeons. as for boehner and obama, they actually did see each other in person at the white house holiday party last night in black tie. while other lawmakers waited in line to get the photo with the president, multiple sources from both sides of the aisle tell cnn that boehner wasn't among them. so much for holiday cheer. we have this picture. we're wait fworg the day there's a fiscal cliff. there wasn't total silence in washington today. senate majority leader harry reid spoke up. but in his case, in the form of a swipe. >> i sympathyize with john boehner. the key party has a firm grip on the republican p
if there is an agreement between speaker boehner and president obama, it is not clear it will be acceptable. host: david is on the phone from york, pennsylvania, republican line, good morning. caller: i'm calling from arkansas, actually. i am an attorney and i've tried to watch the actions of this president. i take into consideration the books he read and he uses the philosophers who taught him as he grew up. i really believe that based on the way he is trying -- that based on the way he has been trained, i think the president wants to go over the cliff because that will achieve the things he was buried he wants to break up the republican party. he wants to break its back and then he also wants to go over the cliff because he wants to have a financial crisis because if you look at the study, that is the only way he can really achieve the type of social and fiscal non-responsibility he wants to achieve. that is break the back of the economy and then we have a crisis. and then he will come in and fix it. it is a very socialist way that will be unacceptable to most americans accept the slivers of the ameri
've got some serious differences. >> woodruff: that downbeat assessment from house speaker john boehner came after he and president obama traded fresh offers this week. >> we spoke honestly and openly about the differences we face. but, the president's calling for $1.4 trillion worth of revenue. that cannot pass the house or the senate. >> woodruff: the president originally sought $1.6 trillion in revenue over 10 years, before lowering his target to $1.4 trillion. the money would come from raising rates on the top two percent of wage earners and curbing loopholes. boehner's counter was little changed-- $800 billion in revenues from closing loopholes and capping deductions, but no rate hikes. republicans have also demanded entitlement reform, and in a tuesday interview, the president would not rule out raising the medicare eligibility age by two years to 67. today, his white house spokesman, jay carney, summed up. >> he is willing to make tough choices and he has made clear and specified the spending cuts he is willing to make and he is willing to go further as part of a broader deficit
speaker boehner and president obama in 2011. and we know the shape of a likely deal. it would be exactly that. about a 37% tax rate hike for top earners in this country. we know that secretary geithner and president obama have spoken of being open to that idea. and john boehner did himself yesterday, although after he did so in a question and answer period with reporters he then put out a statement saying he wasn't really meaning to open that door. but we know the parameters of a deal. it likely will include some kind of tax rate hike, although not to clinton levels for top earners, and some savings in medicare and medicaid. i think that is the likely shape of the likely deal. >> meredith, louisiana's gop governor bobby jindal wrote an op ed this week. "at present any reading of the headlines over the past week indicates republicans are fighting to protect the rich and cut benefits for seniors. it may be possible to have worse political positioning than that but i'm not sure how" the does this mean gop members are getting it? do you think it matters? governor jindal doesn't have a vote i
is what we know now. just a short while ago house speaker boehner said he's still waiting on a solid plan from president obama. >> i'm hopeful we can reach an agreement. this is a serious issue. there's a lot at stake. the person people sent us here to work together towards the best possible solution, and that means cutting spending. the president doesn't agree with our approach, he's got an obligation to put forward a plan that can pass both chambers of the congress. >> meanwhile despite all of the back and forth, the market is seemingly optimistic today. at least some form of a deal will be released. we've been up 100 points on the dow industrials for the past hour. senator mark warner of virginia perhaps putting it best saying compared to the size of our economy the current proposals are relatively small and government should step up and get a deal done. >> we're joined by representative lee terry, republican from nebraska represents the district home to a guy we all know, warren buffett. >> pretty famous guy. >> we spoke to some folks already today. we're not hearing many details. wha
or not speaker boehner can deliver votes. the thing that a lot of people worry about in private is him and obama will cut a deal in late december negotiations. but boehner has been making tough calls. when it comes down to it he's going to agree to something with the president and it is not going to be able to pass his own conference. do you have any sense of what you think he's able to do and not do at this point? >> we come back again to the entitlement question. it's going to be easier for the caucus to swallow some tax rate increase if they have something to show for it. and the irony here, on a whole variety of issue, the democrats should be in favor of certain kinds of entitlement reforms. it's not actually that big of a give. on social security, as an example, democrats have won for the time being on privatization being completely off the table. there's a strong argument for trying to lock that in now as oppose eed to waiting and having that potentially come back. in addition, one of the big concerns here is doing too much fiscal austerity too soon. the more you did in the form of social
june 25, 2012, addressed to president obama, leader reid, leader mcconnell, leader pelosi and speaker boehner from the partnership for a new economy, signed by the presidents or chancellors of 42 public or private universities. i have a letter to congress from the information technology industry council, the partnership for a new american economy in the united states chamber of commerce supporting stem immigration reform like this bill. i have another letter dated november 15, 2012, to members of congress from the american council on international personnel and the society for human resource management supporting this type of stem legislation. i have another letter dated september 19, 2012, to speaker boehner, leader cantor, whip mccarthy, minority leader pelosi, minority whip hoyer from connect, a u.s. c. san diego commercialization enterprise. i have all these letters and i would ask unanimous consent that they be made a part of the record. the presiding officer: without objection. mr. cornyn: unless i offend my friend at baylor, university, in waco, texas, i did overlook a letter i
the orange man will still be speaker. representative marsha blackburn said he will be speaker. eric cantor must have a bigger bitch face than usual this morning. >> oh, come on. really? >> stephanie: all right. the president. >> obama: that is something i won't compromise on because i'm not going to have a situation where any wealthiest among us including folks like me get to keep all of our tax breaks, and then we're asking students to pay higher student loans. >> stephanie: robin in arizona. welcome. >> caller: hi. i'm happy for the opportunity to talk to you and the two bears. [ laughter ] >> stephanie: okay. go ahead. >> caller: and when t-bone took my call, i said i wanted to speak about the right to work state recently in michigan. i moved from washington state to arizona. clearly i did not do my homework, and my husband has lived here for quite sometime, and at the time -- this would be nine and a half years ago, there were eighteen right to starve states as we calls them. >> stephanie: yeah. >> and now there are twenty four, and i'm really shocked -- i shouldn't b
and the white house need to agree on a plan for taxes and spending." john boehner and president obama spoke on the phone yesterday, a day after the president offered to reduce his initial demand in higher tax revenue over a decade to $1.4 trillion. speaker boehner countered with another offer. and lawmakers were expressing pessimism that a deal was close leading kevin mccarthy to say, i think it is getting worse and not better. stock futures are higher as investors wait for news on whether the federal reserve will announce a new stimulus plan today. regulators have launched three rounds of quantitative easing since the crisis hit. ben bernanke will be held in news conference and you could hear live right here on c-span radio. those are some of the latest headlines on c-span radio. [video clip] >> the white house was very controversial. l'enfant designed washington city. there was a competition and he submitted the design for a palace. americans were not having a palace. it was not particularly awe- inspiring. in fact, in 1821, a european diplomat told the congress that it was neither large
Search Results 0 to 29 of about 30 (some duplicates have been removed)